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Updated about 8 years ago on . Most recent reply

User Stats

60
Posts
89
Votes
Damian Leonard
  • Investor
  • Fort Worth, TX
89
Votes |
60
Posts

My first year investing in apartments, from 0 to 633 doors!

Damian Leonard
  • Investor
  • Fort Worth, TX
Posted

My wife and I have saved and invested in the stock market for 15 years. Tired of the up and down anxiety that the market was giving and is still giving me, I decided to make a goal to find out how to get in at least 300 doors. I joined a local apartment education and networking group here in DFW, and was able to meet a bunch of like minded investors, became a passive investor in 5 complexes across three states, and a key partner in a class A in Ohio, and am currently making offers of my own that I will syndicate to other investors. Currently invested in 633 doors, and want to be over 1000 doors by the end of the year. I am doing this full time and trying to retire my wife in the next few years. It is an exciting business, and provides passive income, and a better lifestyle, giving me the flexibility to spend more time coaching my girls soccer teams, and doing fun things as a family. Bigger Pockets has been a great source of motivation over the last couple of years as well. I listen to every podcast. It is all about the team that you surround yourself with. I'm always looking to add strategic potential partners to my team. Connect with me! Cheers!

Most Popular Reply

User Stats

2,770
Posts
3,665
Votes
Aaron Mazzrillo
  • Investor
  • Riverside, CA
3,665
Votes |
2,770
Posts
Aaron Mazzrillo
  • Investor
  • Riverside, CA
Replied

Posts like this really should require more transparency. Claiming you are invested in 633 doors without disclosing your actual percentage of ownership and instead putting up a headline that implies you own 633 doors is braggadocios. Congrats on your success, but I could own a Manhattan skyscraper with a minor $25,000 investment into a REIT. Posting on here that I went from single family houses to a 50 story skyscraper in a year without telling people I actually handed my money over to a REIT or a syndicator for a small fractional interest and I was laying in bed at night praying things worked out (they often don't) is blatantly misleading.

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